CNBC’s Jim Cramer on Friday explained fresh technical analysis from veteran chartist Larry Williams that signals the market is headed for a bottom. “I know it’s tough to believe anyt...
Tag: business news
World Health Organization confirms 80 cases of monkeypox with outbreaks in 11 countries
This 2003 electron microscope image made available by the Centers for Disease Control and Prevention shows mature, oval-shaped monkeypox virions, left, and spherical immature virions, right, obtained ...
Hyundai to invest $5.5 billion to build EVs and batteries in Georgia
The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirm...
CDC urges older Americans to get booster shots as hospitalizations soar
Shana Alesi administers a second COVID-19 booster shot to Army veteran Robert Hall at Edward Hines Jr. VA Hospital on April 01, 2022 in Hines, Illinois. Scott Olson | Getty Images The Centers for Dise...
The CEO of the world’s second-largest alternatives firm is optimistic about a light recession
(Click here to subscribe to the Delivering Alpha newsletter.) For the last two decades, Bruce Flatt has been the CEO of Brookfield Asset Management, growing it to become the second-largest alternative...
Demand will persist, problem is with supply chains
BEIJING — Nio‘s biggest challenge right now is making sure that supply chains are stable, CEO William Li told CNBC. The Chinese electric carmaker has had to charge customers more due to soaring ...
McDonald’s exiting Russia after 32 years is the end of an era
Soviet customers stand in line outside the just opened first McDonald’s in the Soviet Union on January 31, 1990 at Moscow’s Pushkin Square. Vitaly Armand | Afp | Getty Images It was 4 a.m....
Stephen Roach gives stagflation warning, calls peak inflation absurd
Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach. He warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth. ̶...
Dr. Scott Gottlieb says rising monkeypox cases suggest it’s spread ‘pretty wide’
The rising number of monkeypox cases in the U.S. and Europe suggest the virus has already spread widely across communities, but it won’t likely cause a major epidemic like Covid, Pfizer board me...
Weee taps Crazy Rich Asians director Jon M. Chu in push for grocery growth
Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and othe...
Renault says electric-hydrogen concept will have 497-mile range
Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. ...
EU plans renewables expansion, says coal needed a little while longer
A wind turbine and coal in Lower Saxony, Germany. The EU’s desire to wean itself off Russian hydrocarbons means it will need to find fossil fuels from other parts of the world to plug supply gap...
Jim Cramer predicts these 5 Charitable Trust holdings will rebound ‘after the smoke clears’
CNBC’s Jim Cramer on Thursday told investors that he’s optimistic that stocks of “amazing businesses“ will make a comeback once the stock market faces better conditions, highli...
Brown Harris Stevens CEO calls real estate reality TV ‘horrible’
A customer looks at listings on display outside a Brown Harris Stevens offices in New York. Brendan McDermid | Reuters The rise of reality TV shows featuring real estate has been “horrible”...
Stock futures rise slightly, with the S&P 500 on the brink of falling into a bear market
U.S. stock futures rose slightly Thursday night, as traders watched to see if the S&P 500 will tumble into bear market territory. S&P 500 futures traded 0.2% higher, while Nasdaq 100 futures g...
Monkeypox virus case confirmed in Massachusetts
Health officer uses a thermal head to detect a monkeypox virus on arriving passengers at Soekarno-Hatta International Airport in Tangerang near Jakarta, Indonesia on May 15, 2019. Jepayona Delita | Fu...
Palo Alto Networks & more
Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after...
Mercedes-Benz 300 SLR Uhlenhaut Coupe sells at auction for $143 million
1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe Courtesy: RM Sotheby’s An ultra-rare Mercedes-Benz race car sold for $143 million earlier this month, making it the most expensive car ever sold. RM So...
Why it’s a good time for young investors to put money in the market
FG Trade | E+ | Getty Images Opportunities in the dip For young investors with the longest time horizons to plan for retirement, today’s market downturn also provides an opportunity, according t...
CDC panel recommends Pfizer booster for children ages 5 to 11
The Centers for Disease Control and Prevention’s independent vaccine experts recommended a Pfizer Covid booster shot for children ages 5 to 11 on Thursday, as infections rise across the country ...
Tether claims USDT stablecoin is backed by non-U.S. bonds
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images The issuer of the stablecoin tether said in a report that the controversial digital curre...
Oceans reached record heat, acidity in 2021: UN report
A diver inspects transplanted coral near Dibba Port in Fujairah, United Arab Emirates, June 15, 2020. Christopher Pike | Reuters Oceans reached their hottest and most acidic levels on record last year...
Boeing’s Starliner OFT-2 launch update: What’s at stake
A United Launch Alliance Atlas V rocket with Boeing’s Starliner spacecraft aboard is seen as it is rolled out to the launchpad for the OFT-2 mission scheduled to lift off on May 19, 2022. Joel K...
‘A dereliction of duty:’ U.S. lawmakers grill FDA commissioner over baby formula shortage
Robert Califf testifies during the Senate Health, Education, Labor and Pensions Committee hearing on the nomination to be commissioner of the Food and Drug Administration on Tuesday, Dec. 14, 2021. Bi...
Gas prices just hit a new record high. Here are a few ways to save
As the summer driving season nears, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Thursday, according to AAA. For the first ti...
Kohl’s (KSS) reports Q1 2022 earnings
Kohl’s on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the retailer faces heightened pressure from activists to sell. Chief Executive Of...